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301 Indian Ridge Dr, Moneta, VA, 24121

4beds
3baths
3,025sqft
$639,000
$211price/sqft
$3,914/moest. monthly cost
$156,560/yrincome needed

About This Home

Lovingly maintained SML water access home in a prime location with one-level living, amenities galore and short-term rentable! Only 2 owners, spacious with 4 BRs, 2.5 BAs, thoughtful updates, and an oversized 3-car garage that is both heated and cooled. Sitting on 2.01 acres, there's plenty of outdoor space & privacy. Neighborhood amenities include a community pool, pool house with showers, grills, picnic area, pickle ball courts, nearby boat launch and day docks - all for just $950 a year. The pool and boat storage area are within walking distance. Inside, the bright kitchen features white painted cabinetry, an island, built-in desk, eat-in dining area, and newer stainless-steel appliances--including a gas range with a built-in air fryer. The great room showcases vaulted ceilings, a cozy gas log fireplace, and an open dining area leading to a sizeable covered back deck--ideal for gathering and entertaining. With mature trees, the backyard setting is peaceful and private. Other recent updates include LVP flooring in the primary bedroom and bath and brand-new LVP on the lower level. The expanded laundry room offers added functionality with a sink and folding counter. The septic system was pumped in 2025 and consistently maintained every 2-3 years. The exterior was repainted approximately 5 years ago. New well pump installed in 2020. The walk-out lower level is filled with natural light and opens to a covered patio through French doors. This level includes a spacious family room, a bedroom with a large walk-in closet and built-in bookshelves, and a half bath--creating an ideal private retreat for guests. There is ample storage space, including a workshop area, and room for a pool or ping-pong table for added recreation. Outdoor enthusiasts will appreciate the raised garden bed ready for planting and the unique 3-hole driving range. A security system with six exterior cameras provides added peace of mind. 30 amp hook up for a camper or RV.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
Moneta Elementary SchoolGrades PK-55.1 mi
5/10
3/10

Construction

Condition

  • Property condition: Completed
  • Year built: 2004

Materials

  • Construction materials: Cement,HardiPlank Type

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Dishwasher,Microwave,Gas Range,Range Hood,Refrigerator

Basement

  • Has basement: Yes

Bedroom2

  • Level: E

Bedroom3

  • Level: E

Bedroom4

  • Level: L

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Area

  • Level: E

Eat In Kitchen

  • Level: E

Family Room

  • Level: L

Features

  • Breakfast Area,Storage
  • Door features: French Doors,Sliding Doors
  • Window features: Insulated Windows
  • Flooring: Carpet,Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Great Room
  • Fireplace: Yes
  • Finished area below ground: 1,036
  • Finished area above ground: 1,989

Foyer

  • Level: E

Great Room

  • Level: E

Heating & Cooling

  • Heating features: Heat Pump Electric
  • Cooling features: Heat Pump Electric

Interior Area

  • Total structure area: 3,501
  • Total interior livable area: 3,025 sqft

Kitchen

  • Level: E

Laundry

  • Level: E

Other

  • Level: L

Primary Bedroom

  • Level: E

Property

Details

  • Parcel number: 241B 2 52 & 241B 2 52A
  • Zoning: R2

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Patio,Front Porch
  • Exterior features: Garden Space
  • Waterfront features: Water Access Only
  • Waterbody name: Smith Mtn Lake

Lot

  • Lot size: 2.01 Acres
  • Features: Cleared

Parking

  • Total spaces: 6
  • Parking features: Attached,Paved,Garage Door Opener
  • Has garage: Yes
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,231$38,772
Home Insurance *$184$2,208
Property Taxes $208$2,496
Electricity $291$3,496
Total$3,914$46,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$134,194/yr
40% on housing$117,420/yr
45% on housing$104,373/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$211This listing

vs Other Active Listings

Avg $/sqft

ZIP 24121$299
Bedford County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 24121$239
Bedford County$181

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Price change$639,000
2026-04-01Listed for sale$649,000
2008-05-29Listing removed$334,900
2008-04-23Listed for sale$334,900

For Sale by Agent

AgentRONDA ELLIS
BrokerageWAINWRIGHT & CO., REALTORS(r)- LAKE

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